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  • Hibbett Sports shapes up strong same-store sales

    BIRMINGHAM, Ala. — Hibbett Sports reported that net sales for the second quarter ended July 30 increased 9.5% to $153.1 million compared with $139.8 million for the second quarter ended July 31, 2010. Comparable-store sales increased 5.9%.

    Net income for the quarter increased 48% to $5.9 million compared with $4 million for the same period last year. Earnings per diluted share increased 56.4% to 21 cents compared with 14 cents for the same period last year.

  • Aeropostale posts huge profit decline in Q2

    New York City -- Aeropostale reported Wednesday that net income for its second quarter plummeted 93% to $2.94 million, from $43.6 million in the year-ago period.

    Sales declined 5% to $468.2 million and same-store sales dropped 14%.

    The company revised its third quarter forecast downward.

  • Buckle profit and sales rise in Q2

    Kearney, Neb. -- Teen apparel retailer The Buckle reported Thursday that net income for the quarter ended July 31 climbed 13.5% to $23.6 million. Revenue rose 12.6% to $212.4 million, and same-store sales increased 8.5%.

    The company also reported that its CFO Karen Rhoads will remain in her position, after having said earlier this year that she would be stepping down.
     

  • Hot Topic narrows loss in Q2, on track to open up to 40 net new Torrid stores

    City of Industry, Calif. -- Hot Topic reported Wednesday that it tightened its loss in the second quarter to $6.2 million, compared with a loss of $6.3 million a year earlier.

    Revenue edged up to $150.9 million from $150 million. Same-store sales rose 2.6% for quarter.

    Hot Topic said it will open 25 to 45 Torrid stores in fiscal 2012. It also plans to close 10 to 20 Hot Topic stores and about five Torrid stores next year, and remodel or relocate 40 to 50 Hot Topic stores and 10 to 20 Torrid stores.
     

  • Millcreek Mall adds Jos. A. Bank and Fox Head

    Erie, Pa. -- Youngstown, Ohio-based Cafaro Co. said that Jos. A. Bank Clothiers and Fox Head will be opening at the company’s Millcreek Mall, near Erie, Pa., in early November.

    Jos. A. Bank will be located in the Promenade section of the mall. Motocross apparel retailer Fox Head will set up shop on the Macy’s Court.

    Millcreek Mall Complex, in Millcreek Township, Pa., comprises more than 2 million sq. ft. of shopping, lodging, dining and entertainment. 
     

  • J.Crew opens at Legacy Place

    Dedham, Mass. -- Chestnut Hill, Mass.-based WS Development said that J. Crew has opened at Legacy Place, located in Dedham, Mass.

    The 6,000-sq.-ft. J.Crew is located near Sephora, Apple, and Williams-Sonoma and adjacent to Brooks Brothers, Johnston & Murphy and Orvis.

    Opened in 2009, Legacy Place is anchored by Whole Foods Market, L.L. Bean, Showcase Cinema de Lux, and Kings.
     

  • Chico's Q2 profit soars 42%, announces purchase of Boston Proper

    Fort Myers, Fla. -- Chico’s FAS reported Wednesday that its profit for the second quarter surged 42% to $43.4 million, up from $30.5 million a year earlier. Revenue rose 18% to $551.4 million, topping Wall Street’s expected $536.3 million, and same-store sales increased 12.8%. By brand, same-store sales were up 11.9% at Chico and Sonoma Intimates, and comps were up 14.9% at White House | Black Market.

  • Game on for sports fans at Old Navy

    NEW YORK — Gap’s Old Navy unit rolled out more than 1,000 sports-oriented store-within-stores Tuesday, selling branded goods of more than 70 Division I schools, as well as National Football League teams.

    The Super Fan Nation in-store concepts are being launched with a seven-figure marketing campaign that will include advertising at college stadiums and arenas, in-store appearances by college bands, cheerleaders and mascots, and a 10-day national television advertising campaign.

  • Nordstrom, Express announce NYC-area stores

    New York City -- Nordstrom announced Monday that its new Treasure&Bond concept will open in SoHo on Friday, according to a report by the New York Times. The boutique-style store, which represents a new market entry for Nordstrom, will be a fraction of the size of a typical Nordstrom department store and all profits will be donated to charity. Merchandise is funkier, but is not discount like its Nordstrom Rack sister. 

  • Body Shop parent posts 128% profit growth in Q2

    Jacksonville, Fla. -- Body Central Corp., operator of the Body Central and Body Shop retail chains, reported Friday that net income for the second quarter was $5.3 million, compared with $2.3 million in the year-ago period.

    Net revenues increased 22.1% to $74.7 million, compared with $61.2 million for second quarter 2010. Same-store sales increased 14.7%.
     

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